Oireachtas Joint and Select Committees

Thursday, 10 November 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

9:00 am

Photo of Shane CassellsShane Cassells (Meath West, Fianna Fail) | Oireachtas source

That is an interesting point to explore. Ms Nolan said that her interest was in whether it was selling and whether it was getting the money back. The Chairman raised points earlier in respect of table 7, where PIMCO in its bid for assets one to 55 had put in a figure of €950 million, yet NAMA was looking at a figure of €891 million. In terms of issues like that where potential bids were on the table, was NAMA advising the Department?

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